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US jobless claims surge after Thanksgiving, but low layoffs is still the prevailing trend in the labor market
So-called initial jobless claims rose by 44,000 in the seven days ended Dec. 6 from a more than three-year low of 192,000 in the prior week. The numbers are seasonally adjusted. Jobless claims tend to gyrate during the holiday season that runs from Thanksgiving to early in the new year. That's exactly what has happened the past few weeks. Many businesses hire temporary help and then let the workers go. Some people who are laid off also wait until after a holiday to apply for benefits. The four-week average of new claims tends to give a more accurate view of what economists call churn in the labor market. Monthly ... (full story)
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BaliBoyz80
Dec 11, 2025 8:50am
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In the week ending December 6, the advance figure for seasonally adjusted initial claims was 236,000, an increase of 44,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 191,000 to 192,000. The 4-week moving average was 216,750, an increase of 2,000 from the previous week's unrevised average of 214,750. The ...
From marketpulse.com | Dec 11, 2025
The session following an FOMC rate decision is always a fascinating one. FOMC days tend to be truly chaotic, due to the flurry of incoming orders, algorithms driving markets up and down, and a general sense of confusion over whether events were already priced in, and if so, whether they were priced in enough. The best example of this is the spectacular ...
I inherited a MESS from the Biden Administration — The Worst Inflation in History, and the Highest Prices our Country has ever seen. In other words, Affordability, just 13 months ago, was a DISASTER for the American People, but now, it’s totally different! Prices are coming down FAST, Energy, Oil and Gasoline, are hitting five year lows, and the Stock Market today just hit an All Time High. Tariffs are bringing in Hundreds of Billions of Dollars, and we are respected as a Nation again. When will I get credit for having created, with No Inflation, perhaps the Greatest Economy in the History of our Country? When will people understand what is happening? When will Polls reflect the Greatness of America at this point in time, and how bad it was just one year ago?
